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Reading: JPMorgan Raises its Worth Goal on PG&E Company (PCG) to $24 from $21
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Business

JPMorgan Raises its Worth Goal on PG&E Company (PCG) to $24 from $21

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Last updated: March 26, 2026 6:49 am
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Published: March 26, 2026
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JPMorgan Raises its Worth Goal on PG&E Company (PCG) to  from


PG&E Company (NYSE:PCG) is likely one of the 8 Should-Purchase Nuclear Vitality Shares to Make investments In. On March 18, 2026, JPMorgan raised the value goal on PG&E Company (NYSE:PCG) to $24 from $21 and maintained an Obese score after updating fashions throughout the North America utilities group.

On March 9, 2026, UBS upgraded PG&E Company (NYSE:PCG) to Purchase from Impartial and raised its worth goal to $23 from $20. UBS stated enhancements in California wildfire coverage and affordability may drive upside, noting that potential part two laws forward of the July 2 recess might cut back the corporate’s legal responsibility publicity. The agency added that PG&E’s present 43% price-to-earnings low cost may slim “meaningfully” as dangers proceed to say no.

JPMorgan Raises its Worth Goal on PG&E Company (PCG) to $24 from $21

Final month, PG&E Company (NYSE:PCG) reported Q3 core EPS of 36c, in step with the 36c consensus estimate. CEO Patti Poppe stated the corporate made “actual progress” in 2025, highlighting efforts to ship secure, dependable, and reasonably priced vitality whereas decreasing electrical costs a number of instances and stopping main wildfires for a 3rd consecutive 12 months. Poppe added that security, reliability, and affordability stay central to the corporate’s priorities.

PG&E Company (NYSE:PCG) supplies electrical energy and pure fuel providers to clients throughout northern and central California.

Whereas we acknowledge the potential of PCG as an funding, we consider sure AI shares provide better upside potential and carry much less draw back threat. In case you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.

READ NEXT: 33 Shares That Ought to Double in 3 Years and 15 Shares That Will Make You Wealthy in 10 Years.

Disclosure: None. Observe Insider Monkey on Google Information.

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Reading: JPMorgan Raises its Worth Goal on PG&E Company (PCG) to $24 from $21
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